jolliman essentials ltd
jolliman essentials ltd Company Information
Company Number
10023147
Next Accounts
67 days late
Shareholders
jaswinder sogi
Group Structure
View All
Industry
Retail sale via mail order houses or via Internet
Registered Address
177-181 great bridge street, west bromwich, west midlands, B70 0DJ
Website
www.jolliman.co.ukjolliman essentials ltd Estimated Valuation
Pomanda estimates the enterprise value of JOLLIMAN ESSENTIALS LTD at £305.8k based on a Turnover of £1.2m and 0.26x industry multiple (adjusted for size and gross margin).
jolliman essentials ltd Estimated Valuation
Pomanda estimates the enterprise value of JOLLIMAN ESSENTIALS LTD at £35.3k based on an EBITDA of £11.6k and a 3.05x industry multiple (adjusted for size and gross margin).
jolliman essentials ltd Estimated Valuation
Pomanda estimates the enterprise value of JOLLIMAN ESSENTIALS LTD at £80.6k based on Net Assets of £35.4k and 2.28x industry multiple (adjusted for liquidity).
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Jolliman Essentials Ltd Overview
Jolliman Essentials Ltd is a live company located in west midlands, B70 0DJ with a Companies House number of 10023147. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in February 2016, it's largest shareholder is jaswinder sogi with a 100% stake. Jolliman Essentials Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.2m with healthy growth in recent years.
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Jolliman Essentials Ltd Health Check
Pomanda's financial health check has awarded Jolliman Essentials Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £1.2m, make it larger than the average company (£423.6k)
- Jolliman Essentials Ltd
£423.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (6.9%)
- Jolliman Essentials Ltd
6.9% - Industry AVG
Production
with a gross margin of 20.2%, this company has a higher cost of product (36.7%)
- Jolliman Essentials Ltd
36.7% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (2.4%)
- Jolliman Essentials Ltd
2.4% - Industry AVG
Employees
with 18 employees, this is above the industry average (5)
18 - Jolliman Essentials Ltd
5 - Industry AVG
Pay Structure
on an average salary of £27.5k, the company has an equivalent pay structure (£27.5k)
- Jolliman Essentials Ltd
£27.5k - Industry AVG
Efficiency
resulting in sales per employee of £64.8k, this is less efficient (£173.4k)
- Jolliman Essentials Ltd
£173.4k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (23 days)
- Jolliman Essentials Ltd
23 days - Industry AVG
Creditor Days
its suppliers are paid after 291 days, this is slower than average (34 days)
- Jolliman Essentials Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 249 days, this is more than average (86 days)
- Jolliman Essentials Ltd
86 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (17 weeks)
10 weeks - Jolliman Essentials Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.7%, this is a higher level of debt than the average (75%)
95.7% - Jolliman Essentials Ltd
75% - Industry AVG
JOLLIMAN ESSENTIALS LTD financials
Jolliman Essentials Ltd's latest turnover from February 2023 is estimated at £1.2 million and the company has net assets of £35.4 thousand. According to their latest financial statements, Jolliman Essentials Ltd has 18 employees and maintains cash reserves of £147.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | |||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | |||||||
| Tax | |||||||
| Profit After Tax | |||||||
| Dividends Paid | |||||||
| Retained Profit | |||||||
| Employee Costs | |||||||
| Number Of Employees | 18 | 12 | 12 | 9 | 8 | 7 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 31,501 | 32,628 | 34,651 | 11,397 | 16,358 | 17,647 | 3,130 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 31,501 | 32,628 | 34,651 | 11,397 | 16,358 | 17,647 | 3,130 |
| Stock & work in progress | 635,450 | 490,450 | 317,450 | 502,450 | 312,500 | 187,500 | 62,500 |
| Trade Debtors | 13,578 | 42,901 | 18,521 | 23,223 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 147,457 | 99,487 | 181,263 | 43,713 | 16,109 | 28,249 | 43,117 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 796,485 | 632,838 | 517,234 | 569,386 | 328,609 | 215,749 | 105,617 |
| total assets | 827,986 | 665,466 | 551,885 | 580,783 | 344,967 | 233,396 | 108,747 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 743,049 | 599,704 | 466,970 | 598,550 | 298,797 | 210,202 | 52,969 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 36,587 |
| total current liabilities | 743,049 | 599,704 | 466,970 | 598,550 | 298,797 | 210,202 | 89,556 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 49,519 | 42,500 | 54,147 | 0 | 19,000 | 0 | 8,850 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 49,519 | 42,500 | 54,147 | 0 | 19,000 | 0 | 8,850 |
| total liabilities | 792,568 | 642,204 | 521,117 | 598,550 | 317,797 | 210,202 | 98,406 |
| net assets | 35,418 | 23,262 | 30,768 | -17,767 | 27,170 | 23,194 | 10,341 |
| total shareholders funds | 35,418 | 23,262 | 30,768 | -17,767 | 27,170 | 23,194 | 10,341 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 1,504 | 3,270 | 1,246 | 1,433 | 2,020 | 2,194 | 687 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 145,000 | 173,000 | -185,000 | 189,950 | 125,000 | 125,000 | 62,500 |
| Debtors | -29,323 | 24,380 | -4,702 | 23,223 | 0 | 0 | 0 |
| Creditors | 143,345 | 132,734 | -131,580 | 299,753 | 88,595 | 157,233 | 52,969 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -36,587 | 36,587 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 7,019 | -11,647 | 54,147 | -19,000 | 19,000 | -8,850 | 8,850 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 47,970 | -81,776 | 137,550 | 27,604 | -12,140 | -14,868 | 43,117 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 47,970 | -81,776 | 137,550 | 27,604 | -12,140 | -14,868 | 43,117 |
jolliman essentials ltd Credit Report and Business Information
Jolliman Essentials Ltd Competitor Analysis
Perform a competitor analysis for jolliman essentials ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in B70 area or any other competitors across 12 key performance metrics.
jolliman essentials ltd Ownership
JOLLIMAN ESSENTIALS LTD group structure
Jolliman Essentials Ltd has no subsidiary companies.
Ultimate parent company
JOLLIMAN ESSENTIALS LTD
10023147
jolliman essentials ltd directors
Jolliman Essentials Ltd currently has 2 directors. The longest serving directors include Mr Jaswinder Sogi (Feb 2016) and Mr Jaswant Sogi (Feb 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jaswinder Sogi | 46 years | Feb 2016 | - | Director | |
| Mr Jaswant Sogi | 42 years | Feb 2016 | - | Director |
P&L
February 2023turnover
1.2m
+15%
operating profit
10.1k
0%
gross margin
20.3%
-9.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
35.4k
+0.52%
total assets
828k
+0.24%
cash
147.5k
+0.48%
net assets
Total assets minus all liabilities
Similar Companies
jolliman essentials ltd company details
company number
10023147
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
177-181 great bridge street, west bromwich, west midlands, B70 0DJ
Bank
-
Legal Advisor
-
jolliman essentials ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to jolliman essentials ltd.
jolliman essentials ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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jolliman essentials ltd Companies House Filings - See Documents
| date | description | view/download |
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